The Bottom Line: Group says Wexner among most overpaid CEOs

L Brands' CEO Leslie H. Wexner is one of the 100 most overpaid CEOs in the country, according to nonprofit shareholder advocacy group As You Sow.

Wexner's $27.2 million total disclosed compensation in 2016 put him at No. 27 on the group's list. The only other Ohio CEO on the list was Richard J. Kramer of Akron-based Goodyear Tire & Rubber, whose $19.3 million in total disclosed compensation put him at No. 51 on the list.

The CEO of Abbott Laboratories, which is based in Illinois but has a large presence in Ohio, was also on the list. Miles D. White's $19.4 million put him at No. 64 on the list.

Topping the list as most overpaid was CBS's Leslie Moonves, the group said.

>> Read the entire list by clicking here <<

As You Sow bases its judgment on total shareholder return over the past five years. This is the third year in which the nonprofit has compiled such a list.

The firms with the 10 most overpaid CEOs underperformed the S&P 500 index by 10.5 percentage points and actually had a negative return, reducing the actual value of the companies' shares by 5.7 percent.

"In summary, the firms with the most overpaid CEO’s devastated shareholder value since our first report published in February 2015," the report said.